Legislative instrument on JobKeeper alternative turnover tests
On 23 September 2020, the ATO registered an instrument with seven alternative tests to determine if the decline in turnover test is satisfied for the purposes of JobKeeper after 28 September 2020, if there is no relevant comparison period in 2019.
This instrument updates and replaces the former instrument that set out the decline in turnover tests for JobKeeper prior to 28 September 2020.
Businesses that are looking to apply for the JobKeeper extension using one of the alternative tests should indicate to the ATO that they are doing so.
If you need further information, please contact our friendly ASF team.